Ciena (CIEN) Misses Q4 EPS by 5c

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Ciena Reports Fiscal Fourth Quarter 2019 and Year-End Financial Results

December 12, 2019 7:00 AM EST

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2019.

Q4 Revenue: $968.0 million, increasing 7.6% year over year Q4 Net Income per Share: $0.51 GAAP; $0.58 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.0 million shares of common stock for an aggregate price of $38.2 million during the quarter

"Our outstanding Q4 financial performance rounded out... More